- Paraguay says President Peña’s X account may have been hacked after a fake Bitcoin post went live.
- The post falsely claimed Bitcoin had become legal tender and a $5M reserve fund was underway.
- Cybersecurity teams are investigating the breach, and citizens are urged to ignore unverified updates.
Things got weird on social media for Paraguay’s President Santiago Peña on Monday. A strange post popped up on his official X (formerly Twitter) account claiming that the country had adopted Bitcoin as legal tender and was setting up a $5 million BTC-backed reserve. But the government quickly stepped in, saying—yeah, that probably wasn’t him.
In an official statement, the government noted “irregular activity” on Peña’s account that pointed to a possible unauthorized breach. Basically, it looks like someone got in without permission and started posting crypto propaganda out of nowhere.
The now-deleted post included both English and Spanish, making it sound like a real announcement—complete with government-style phrasing. It even mentioned a national rollout of Bitcoin policies, which clearly caught folks off guard.
Paraguay’s cybersecurity team is now digging into the situation, working with X to figure out exactly what happened. Until then, the government is asking citizens to ignore anything coming from the president’s account unless it’s officially verified.
